Al-Razi Medical to Offer Shares at 24-28 SAR in Saudi Nomu Market

Al-Razi Medical to offer shares in the Saudi parallel market

Potential offer price

It was decided to set the potential offer price of the shares of “Al-Razi Medical” in the Saudi parallel market between 24 and 28 riyals per share.

Offer details

The company will offer approximately 304,000 shares, equal to 20% of the capital.

Launch date

The period to launch the offer and build the order book for qualified investors starts on June 4th and ends on June 6th.

Approval by Saudi Capital Market Authority

The Saudi Capital Market Authority had approved the request of the “Al-Razi Medical Company” to register its shares and offer 304 thousand shares, equal to 20% of its shares, in the parallel market, “Nomu”.

Al-Razi Medical to offer shares in the Saudi parallel market

Potential offer price

It was decided to set the potential offer price of the shares of “Al-Razi Medical” in the Saudi parallel market between 24 and 28 riyals per share.

Offer details

The company will offer approximately 304,000 shares, equal to 20% of the capital.

Launch date

The period to launch the offer and build the order book for qualified investors starts on June 4th and ends on June 6th.

Approval by Saudi Capital Market Authority

The Saudi Capital Market Authority had approved the request of the “Al-Razi Medical Company” to register its shares and offer 304 thousand shares, equal to 20% of its shares, in the parallel market, “Nomu”.

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